What is 'Professional Client'? | Freetrade Dictionary

More terms

Gilt

What is a gilt?

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

NYSE

The world's largest stock exchange. Wall St HQ.

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Depository

We look at what is a depository and what role they play in keeping markets work.

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

Professional Client